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Written by Elena Anderson » Updated on: November 30th, 2024
According to the latest report by IMARC Group, titled “Yogurt Market Report by Product Type (Set Yogurt, Greek Yogurt, Yogurt Drinks, Frozen Yogurt, and Others), Flavor (Strawberry Blend, Vanilla, Plain, Strawberry, Peach, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Region 2025-2033,” offers a comprehensive analysis of the yogurt market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. the global yogurt market size reached USD 127.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 203.8 Billion by 2033, exhibiting a growth rate (CAGR) of 5.4% during 2025-2033.
Post Latest Changes and Development in the Yogurt Market:
The yogurt market is going through a period of rapid change as modern consumers are more concerned with their diets. A noteworthy shift in the system owing to the growth of these new consumer demands is the increase of the popularity of vegan and lactose-free alternatives. These substitutes, which are mostly derived from almond, soy, or coconut milk, appeal to a wider clientele looking for eco-friendly and allergen-free products. Probiotic, vitamin and mineral-based functional yogurts have started to penetrate the market and are touted to aid in gut health and overall wellness. In addition, the premiumisation trend is also gaining momentum where consumers are looking more into artisanal, small batch and flavoured yogurts. Active developments in the areas of packaging, such as the use of biodegradable materials or easy to consume formats, complete the advantages of yogurt products and reinforce yogurt as a healthy effective food.
Growth Drivers in the Yogurt Market:
The trajectory growth of the yogurt market is sustained by a few notes that include understanding of the risks of health, increase in urban settlements, and the growing acceptance of more functional foods. Due to the Primacy Consumers focus now on gut health, yogurt has become one of the staple foods in today’s active lifestyle with a steady demand on probiotic variants. The growth of organized retail and online grocery services has diversified the range of yogurt consumers around the world. The market has also benefited from government campaigns seeking to encourage the intake of dairy products and their nutritional advantages, particularly in developing economies. Likewise, social networks and health gurus have also played an important role in changing ideas and purchasing patterns of modern yogurt. These growth drivers ensure the yogurt market maintains an excellent performance in the future. The yogurt market is expected to not only satisfy the current but meet the expected future requirements as well.
Exigences induites et nouvelles passerelles commerciale:
Sustainable practices, focused innovation and catering to individuals’ preferences and current health trends is the future for the yogurt industry. Consumers are now more inclined toward brands that offer sustainable practices hence the need to provide eco-friendly packaging and raw materials. Moreover, there is an increasing emphasis on individualized nutrition, and yogurt producers are striving to design products that fit consumers’ diets and health objectives through the use of computers. Integrating functional ingredients such as adaptogens, collagen, and plant proteins is projected to change the way products smt are made, keeping with the shift towards comprehensive health and wellbeing. The geographic dimension also provides new avenues for expansion in regions that have not been fully exploited especially in Asia-Pacific and Africa where disposable income levels and health awareness are on the rise. Such dynamics make it possible for the yogurt market to be flexible and be successful in adapting to the fast changing food environment.
Leading Key Players Operating in the Yogurt Industry:
Yogurt Market Trends:
In the yogurt industry, there is also radical change owing to the preferences of the health and nutrition-oriented consumers and the desire for new and advanced products. There has been an increase in preference towards non-dairy alternatives including yoghurts made from; almond, soy and oat as they are considered to be more environmentally friendly and suitable for most people as they are free from the common allergens. Yoghurt of any of their production that is enriched with probiotics will center stage in the market because of the current focus on the maintenance of gut health and on the improvement of immune response.
In addition, there is also a growing tendency in demanding clean label products with natural ingredients and limited or no other added substances. With the growing popularity of the internet and social media, purchasing patterns have transformed and niche markets for yogurt are more readily available to global consumers. With all this changes, however, one thing is clear - yogurt market continues to adjust itself to the current consumer trends.
Yogurt Market Report Segmentation:
Breakup by Product Type:
Yogurt drinks dominate the market
Breakup by Flavor:
Strawberry holds the largest share in the market
Breakup by Distribution Channel:
Supermarkets and hypermarkets dominate the market
Breakup by Region:
Asia Pacific exhibits a clear dominance, accounting for the largest yogurt market share.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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